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For sure. Some of that is accounting fiction though. Hospitals radically overprice so that they can write-off more "losses" when it comes to tax compliance.
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Regardless of the accounting fiction, this situation is unsustainable.
Imagine a world where illegal aliens are denied all medical care including emergency or life threatening.
Hospitals can focus resources on more important people.
Hospital care is zero sum. Hospital beds especially ICU are limited.